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Why NRG Energy Stock Slumped Today

TheMotleyFool

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Shares of NRG Energy (NYSE: NRG) tumbled by 11.1% on Thursday after the energy solutions company delivered its third-quarter results.

NRG Energy faced several headwinds during the third quarter. Because of that, its revenue only grew slightly year over year despite its recent acquisition of District Energy. Overall, adjusted earnings before taxes, interest, depreciation, and amortization (EBITDA) came in at $767 million, up from $752 million in the year-ago period.

Image source: Getty Images.

Source Fool.com

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